阿斯麦业绩超预期却发出增长警告 2026年前景存疑股价大跌

Core Viewpoint - ASML warns that it may not achieve growth in 2026 despite exceeding expectations for Q2 revenue and profit [2][4] Financial and Performance Outlook - ASML expects Q3 revenue to be between €7.4 billion and €7.9 billion, lower than the market expectation of €8.3 billion [3] - The company has narrowed its 2025 full-year net sales growth forecast to 15%, implying revenue of approximately €32.5 billion [3] 2026 Outlook - ASML's CEO Christophe Fouquet expresses uncertainty about the 2026 outlook due to increasing macroeconomic and geopolitical uncertainties, despite strong fundamentals from AI customers [4] Q2 Performance - For Q2, ASML reported net sales of €7.7 billion (approximately $8.95 billion), exceeding the expected €7.52 billion, and net profit of €2.29 billion, surpassing the forecast of €2.04 billion [5] - The company recorded actual net orders of €5.5 billion for the April to June period, compared to the expected €4.19 billion [6] AI Demand Impact - AI-related chip demand is a significant driver for EUV equipment, which is essential for manufacturing advanced chips for companies like Apple and Nvidia [7][8] - ASML has launched the next generation of EUV equipment, High NA tools, which are crucial for future growth plans, with each unit priced over $400 million [8]